Ray serves on several healthcare boards and is an adjunct professor teaching Digital Health at Columbia Business School. Prior to joining THP, Ray was a Managing Director and Senior Advisor at Cain Brothers spanning 12 years and serving on the Executive Committee and co-heading the firm’s Services & Technology Corporate Finance practice. Ray’s banking focus included Healthcare IT and Revenue Cycle Management as well as healthcare distribution, specialty pharmacy and PBMs. Prior to joining Cain Brothers, Ray was an equity research analyst for 9 years, primarily at Bear Stearns where he was named to Institutional Investor’s All-Star Team for five consecutive years, including two number one rankings. Earlier in his career, Ray worked in sales and engineering at a start-up in the energy efficiency industry. Ray graduated from The Cooper Union with a Bachelor of Engineering in Mechanical Engineering, earned a Master’s Degree from Columbia University in Mechanical Engineering and an MBA from the Wharton School of the University of Pennsylvania.